Netflix reported third-quarter revenue of $12.9 billion, a 12% increase year over year, with operating margin expanding to 34.6%. Diluted earnings per share reached $0.87, up from $0.59 in the prior-year period. The company also provided full-year 2026 guidance, projecting revenue of $51.1 billion and an operating margin of 31.5%, while noting a slight downward revision to ad revenue expectations due to slower product rollout. Additionally, Netflix announced it repurchased 63.9 million shares for $4.8 billion in the quarter.
